Joan wants to start an IRA that will have $860,000 in it when she retires in 29-years. How much should she invest annually in her IRA to do this if the interest is 8% compounded annually?

Annual deposit= $8,271.94

Step-by-step explanation:

Giving the following information:

Future Value (FV)= $860,000

Number of periods= 29 years

Interest rate= 8% = 0.08

To calculate the annual deposit, we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= (860,000*0.08) / [(1.08^29) - 1]

A= $8,271.94

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step-by-step explanation:

5x+40

5(x + 8)

7x - 49

7(x - 7)

18x + 9

9(2x + 1)

15x - 10

5(3x - 2)

step-by-step explanation:

for number one all you have to do is factor 5 out of 5x + 40

for number 2 factor 7 out of 7x - 49

for number three factor 9 out of 18x + 9

for number four factor 5 out of 15x - 10